The Company posted a 7.4 percent increase in net income on a 5.7
percent increase in revenues for the year ended 2007. FinCor reported total
revenues of $97.2 million for 2007, up from $91.9 million in 2006. FinCor
reported net income of $15.1 million, or $23.57 per diluted share during
2007, compared with $14.1 million, or $22.89 per diluted share, in the
prior year.

The increase in revenues was primarily driven by the inclusion of its
Washington Casualty Company (WCC) subsidiary's book of business for the
full year. FinCor acquired WCC in October 2006. The Company also noted that
positive cash flow from operations allowed for significant increases in the
amount of investment income generated during the year.

The Company's combined ratio declined 10.7 percentage points to 80.7
percent for the year, from 91.4 percent for the year ended 2006. This
improvement was primarily due to the recognition of $31 million of
favorable reserve development in 2007, compared to $18 million of favorable
reserve development during 2006. The combined ratio is the sum of incurred
losses and underwriting expenses divided by earned premiums and is
considered a key measure of an insurer's health and profitability. A
combined ratio of less than 100 percent indicates the company is making an
underwriting profit.

Other key factors contributing to the Company's success included the
April 2007 acquisition of the Insurance Services and Employee Safety and
Disability Management divisions of the MHA Service Corporation, which
significantly increased the amount of income the company realized in 2007.
FinCor Holdings added that while it faces ongoing price-based competition
in its markets, its overall renewal rate continues to exceed 90 percent.

Return on common equity for the year ended 2007 was 15.6 percent
compared to 17.5 percent for 2006. Book value per share increased $28.09,
or 19.4 percent, and total assets increased 7.9 percent to $541.4 million
during 2007.

In September, FinCor Holdings was named to the first-ever Inc. 5,000
list of the fastest-growing private companies in the United States. Inc.
reported FinCor had an impressive three-year growth rate of more than 74
percent on revenues of $52.8 million in 2003. FinCor was ranked 26th
relative to other insurance companies on the Inc. 5,000 list and was among
the top 10 in revenue in the insurance category.

Fourth Quarter 2007 Results

FinCor's fourth-quarter revenues increased 9.3 percent to $24.6
million, compared to $22.5 million for the same period in 2006. However,
net income for the quarter ended Dec. 31, 2007, decreased to $3.6 million,
or $5.06 per diluted share, down from $5.6 million, or $8.39 per diluted
share, for the fourth quarter of 2006.

The Company noted that fourth-quarter and year-to-date earnings were
negatively impacted by a one-time $1.9 million after-tax charge associated
with its switch from a multi-employer pension plan to a stand-alone,
single- employer pension plan.

"We are extremely pleased with the Company's performance for the year,"
said Thomas Dickinson, FinCor Holdings president and CEO. "Our acquisition
strategy, excellent client retention rate and increased revenue from other
income sources such as our Risk Management and Patient Safety Institute and
FinCor Solutions have offset the challenges we're seeing as a result of a
soft market. This multi-pronged strategy coupled with stable claims trends
in the market made for a strong year and gives us positive momentum heading
into 2008."

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